Source: Internet, Lalaport, Mitsui Fudosan, MOPA
Mitsui Fudosan, a leading global real estate company headquartered in Tokyo, announced today that the opening of Mitsui Shopping Park LaLaport Shanghai JinQiao, a regional shopping center in Shanghai, Pudong District, China.
The Gundam Located at the LaLaport Mall in Jinqiao Town, the 50-ton, 18.03-meter-high Gundam statue is the first of its kind to be displayed outside Japan, which is also the Mitsui Shopping Park, the project was developed through Shanghai Jinqiao Commercial Management Co., Ltd., a wholly-owned project company established by Mitsui Fudosan to advance the project.
Source: internet, Polestar
Polestar, a Swedish automotive brand owned by Volvo Cars and by extension its parent company Geely, said it will continue to grow its market reach with planned growth to a total of 18 markets across Europe, North America, and the Asia Pacific by the end of this year, it said in a statement. For the Asia Pacific market, expansion in this region will include reaching into South Korea, Singapore, Hong Kong, Australia, and New Zealand markets. …
Source: Internet, Lufthansa
Elise Becker has been appointed Vice President Asia-Pacific for the Lufthansa Group Airlines, effective 1 May 2021. In her position, Mrs. Becker will be responsible for directing all commercial activities of the Group’s premium airlines Lufthansa, SWISS, Brussels Airlines, and Austrian Airlines. This includes managing and strategically developing all airline joint ventures and partnerships in the region.
“We are delighted to win an accomplished leader like Elise Becker as our new airline chief in Asia-Pacific,” says Stefan Kreuzpaintner, Senior Vice President Global Sales Lufthansa Group. “She brings with her a wealth of experience and expertise…
According to the report recently release by researchandmarkets, the car power module business is going to have CAGR 7.5% during the 2021–2026, leading by the demand in sustainable energy, which is increasing with people exploiting sustainable and clean energy to mitigate the global crisis of fossil energy.
The key market trends include: Electric Vehicle and Hybrid Electric Vehicle to Drive the Automotive Power Module Packaging, Asia-Pacific is Expected to Register Highest Growth Rate
The automotive module has seen a steep growth with efforts to popularize hybrid electric vehicle (HEV) and electric vehicle (EV), thus driving the automotive power…
Source: Disney, Yahoo, Variety, MSN, Pitchonnet, internet
Luke KANG has been assigned president of the Walt Disney Company for the Asia-Pacific region, as a Disney veteran, he will report to Rebecca Campbell, chairman of international operations and direct-to-consumer, will oversee the company’s business in Australia/New Zealand, Greater China, Japan, Korea, and Southeast Asia. A new India head seems will be announced near the new year.
About 2 months ago, the company announced the departure of Uday Shankar, president of Disney Asia-Pacific and chairman of Star and Disney India, which becomes effective from Dec. 31.
Source: Business Times, LVMH, Hermès, Tiffany & Co., Savills Research, Vogue Business, Internet
“For a number of years, Asia-Pacific has provided luxury brands with a key contribution to their global business,” says Anthony Selwyn, Head of Savills Prime Global Retail Team. “Now, the region is experiencing a positive recovery to Covid-19, stimulating further aggressive expansion and investment.”
In the historic years, luxury goods retail sales in the Asia-Pacific region grew significantly, driven by growing sales in emerging luxury markets., Bain expects Chinese local spend to account for up to 28% of global luxury consumption by 2025, up from…
Source: Internet, ResearchAndMarkets.com, Championpetfoods, Royal Canin (Mars Inc.), United Pet Group Inc.
The Pet Food Market in China and Japan has USD 8 Billion value in the year 2019, the whole pet care markets have been derived by the pet food segment of the region, as a report said in Asia Pacific Pet Food Market Overview 2020–2025, recently released by Research and Markets.
Source: Netflix, CNBC
Netflix, the leading streaming entertainment service provider, has released its third-quarter 2020 financial results by posting them to its website netflixinvestor.com
In the Q3 results, the APAC region was the largest contributor to the paid membership growth this quarter (46% of Q3 global paid net adds) and APAC revenue rose 66% year over year. The company is pleased with the progress making in this region and, in particular, that they achieved double-digit penetration of broadband homes in both South Korea and Japan. …
Source: Forbes, Forrester
Covid-19 affected the Asia Pacific first, the research and advisory firm Forrester expects the region will also emerge from the crisis first in 2021, before Europe and the US. Under the relentless pressure of new customer realities, the future is now in focus: The value of your company depends on how customer-obsessed, resilient, creative, and adaptive you are in jumping to the next growth curve in your industry. In 2021, businesses will further accelerate the pace of their digital activities, because they must.
In 2020, the impossible happened over and over. Faced with seemingly insurmountable challenges, companies…
Source: CNBC, Reuters, MOPA
“China’s economic recovery will lift surrounding Asian economies to a certain extent,” Chao, global market strategist for the Asia Pacific at the firm, told CNBC’s “Street Signs Asia” on Monday.
In particular, the focus is on “whether the Chinese consumer can quickly return back to normalized activity,” Chao said. “I think that the Chinese will have much more impact … on boosting other Asian economies.”
The risk-off mood contrasted with earlier resilience for Asian markets. They recovered losses after Chinese data showed exports rising 9.9% in September and imports swinging to a 13.2% gain versus…